B.C. 'mastermind' of $1.3-billion stock fraud challenges U.Shttps://vancouversun.com/news/b-c-mastermind-of-1-3-billion-stock-fraud-challenges-u-s-sec-claim
The SEC alleges that Sharp and others operated a pump-and-dump stock fraud, where the identities of the owners of penny stocks are hidden, allowing the operators to inflate share prices and sell them for a profit at the expense of buyers.